5:1 means 5 times as many shares, each worth 1/5 as much.
The net worth of the company has not changed.
Tamara owns 595 shares of stock in a home appliance company. The value of the stocks is $12.75 per share. The company offers a 5:1 stock split.
How many shares does Tamara own of the company after the stock split?
2 answers
2975 I think